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i have a question of you, dana bash. dana, are you there? she can't hear me. well, i wanted to ask her about these $800 billion in tax revenue. i want to make it clear to all of you that does not mean an increase in taxes on the wealthiest americans. that means closing loopholes and cutting other things to raise that $800 billion in tax revenue that the republicans are talking about. we're going to hear much more about this on the other side of the break and we'll be right back. >>> just moments ago, john boehner spoke to reporters and said he made an offer. part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. and, frankly, it was the balanced approach that the pr
i have a question of you, dana bash. dana, are you there? she can't hear me. well, i wanted to ask her about these $800 billion in tax revenue. i want to make it clear to all of you that does not mean an increase in taxes on the wealthiest americans. that means closing loopholes and cutting other things to raise that $800 billion in tax revenue that the republicans are talking about. we're going to hear much more about this on the other side of the break and we'll be right back. >>>...
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joining me now live is senior white house correspondent dana bash, jessica yellin and david gergen. what's the latest? what are you hearing? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. ther
joining me now live is senior white house correspondent dana bash, jessica yellin and david gergen. what's the latest? what are you hearing? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no...
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dana bash is on capitol hill. dan, let me start with you. we were just hearing from the president and we were cut off by a nasty satellite. let me talk about these business people and what exactly they can bring to the table because it seems as though he's soliciting them for advice. >> reporter: he is. but at the same time, you brought up a good point, that the president really has been doing a lot of the pressure as opposed to sitting down with lawmakers face-to-face. he's using outside groups to put pressure on lawmakers. so he's had middle class americans here at the white house. he's had small business owners and big-time ceos at the white house and now he's reaching out to the business roundtable. many movers and shakers in the business community to make the case as a white house official that if -- without this fiscal cliff situation being resolved, it doesn't give the certainty that not only businesses need to start making investments, to hiring more people, but also middle class americans can't get that comfort that they need to kno
dana bash is on capitol hill. dan, let me start with you. we were just hearing from the president and we were cut off by a nasty satellite. let me talk about these business people and what exactly they can bring to the table because it seems as though he's soliciting them for advice. >> reporter: he is. but at the same time, you brought up a good point, that the president really has been doing a lot of the pressure as opposed to sitting down with lawmakers face-to-face. he's using outside...
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dana bash, i have to jump. thanks. if you could continue working that for us because i know there will be further developments hope reply today. one thing that's critical with what the speaker just said, whether that will have a bearing on the stock market, certainly what happened this morning with the jobs numbers, that's got a bearing on the market. 146,000 new jobs for november. it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could also be good for president obama and might end up giving him some of the leverage dana was talking about. listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a
dana bash, i have to jump. thanks. if you could continue working that for us because i know there will be further developments hope reply today. one thing that's critical with what the speaker just said, whether that will have a bearing on the stock market, certainly what happened this morning with the jobs numbers, that's got a bearing on the market. 146,000 new jobs for november. it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could...
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i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the resignation. >> reporter: a huge stunner. nobody saw it coming. i was told by a source close to demint he didn't accept the job until yesterday telling the staff this morning, called the governor in south carolina who, of course, will have to appoint the successor and told the republican leaders here. but look. the reason why it's such a surprise is because demint really has been over the past few years somebody who takes pride in his job. and the role that any one senator can do, which is to gum up the works and very much, obviously, an inside job. he said he could be better outside than inside an he said he feels better about leaving because he has been able to get a number -- really, half a dozen tea party-like conservatives elected. >> let me jump in, dana. i want to run through them because, you know, when we think senator demint we think of a tea party stronghold within the u.s. senate and helped and also hurt a number of republican candidates. who were they? >
i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the resignation. >> reporter: a huge stunner. nobody saw it coming. i was told by a source close to demint he didn't accept the job until yesterday telling the staff this morning, called the governor in south carolina who, of course, will have to appoint the successor and told the republican leaders here. but look. the reason why it's such a surprise is because demint really has...
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dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the conservative movement. this will give me the opportunity to help take our case to the american people. and to translate our policies into real ideas. >> so you think you can be more influential within the conservative movement as the leader of the heritage foundation as oppose today a united states senator? >> there's no question about it. >> what does that say about t
dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our...
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dana bash is on capitol hill, watching all of this unfold. dana, what are you hearing? >> reporter: republican sources i'm talking to think maybe it's sort of the goldilocks scenario. if one side thinks it's too far, the other side thinks it's not far enough, maybe it's just right. the republican counteroffer calls for $ 800 billion in tax hikes. >> rates have to go up. >> reporter: but the fact that gop leaders proposed raising $800 billion in taxes is roughing many a feather in their own party. >> republicans should not be conceding that the federal government needs more money and treating the president's proposal like it's serious. >> reporter: senator jim demint is an anti-government, anti-tax purist who helps raise millions for conservative candidates, even against fellow republicans. >> there's some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> reporter: he's hardly the only conservative upset. the conservative heritage action network said, call your representatives and they will your representative
dana bash is on capitol hill, watching all of this unfold. dana, what are you hearing? >> reporter: republican sources i'm talking to think maybe it's sort of the goldilocks scenario. if one side thinks it's too far, the other side thinks it's not far enough, maybe it's just right. the republican counteroffer calls for $ 800 billion in tax hikes. >> rates have to go up. >> reporter: but the fact that gop leaders proposed raising $800 billion in taxes is roughing many a feather...
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dana, thanks very much. during an unusual question-and-answer session on twitter this afternoon, the president was asked why he opposes keeping tax rates the same for everyone but taking away some of the tax deductions used by the top 2% of wage earners. the president answered, not enough revenue unless you end charitable deductions, et cetera, less rooempb equals more cuts in education, et cetera. i'm joined by gloria borger now. >> how about that et cetera? >> you like the et cetera. they got two very different proposals on the table right now. >> they're speaking past each other. they seem to be really living in different universes or one on mars, one on venus, whatever you want to call it. look, it's very clear. one of the republicans want more entitlement cuts up front. and the democrats want these tax increases on the wealthy up front. the irony here to me watching this is in the long term, the second part of this, everybody seems to know what needs to be done. they know you've got to fix entitlement s
dana, thanks very much. during an unusual question-and-answer session on twitter this afternoon, the president was asked why he opposes keeping tax rates the same for everyone but taking away some of the tax deductions used by the top 2% of wage earners. the president answered, not enough revenue unless you end charitable deductions, et cetera, less rooempb equals more cuts in education, et cetera. i'm joined by gloria borger now. >> how about that et cetera? >> you like the et...
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i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts th
i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the...
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dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke, they're not laughing. >> now, the white house took three weeks to respond with any kind of a proposal and much to my disappointment it wasn't a serious one. >> reporter: house speaker john boehner rushed to the cameras to respond to the president's campaign-style event at a suburban philadelphia toy factory where mr. obama tried to rally support for maintaining the bush-era tax rates for middle class americans but increasing tax rates for the wealthiest americans. >> i don't think it's acceptable to you for just a handful of republican
dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke,...
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let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members they're free to leave, because they have nothing to vote on. >> i understand that you are saying legislation has been put on the floor. when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the presi
let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members...
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our senior congressional correspondent dana bash is on the hill for us today. you're reporting there no formal talks going on, but is there something, anything going on behind the scenes? >> reporter: let me read you an e-mail i got from a group of republican source, who said no conversations today no e-mails, tweets or carrier pigeons. that pretty much answers that question. no. generally what happens with this kind of high stakes negotiating is you have the public bluster and posturing going on. but the behind the scenes you have conversations that happen, that tries to sort of really feel the other side out, and try to get a sense of where a compromise could happen. i'm told not just by republican sources but democratic sources that simply is not happening today despite jay carney insisting there are conversations going on. he said that at the white house today. why is that, brooke? i can tell you that just by talking to democrats in particular, they really feel that they have the upper hand and the ability to run out the clock because they think it is a pol
our senior congressional correspondent dana bash is on the hill for us today. you're reporting there no formal talks going on, but is there something, anything going on behind the scenes? >> reporter: let me read you an e-mail i got from a group of republican source, who said no conversations today no e-mails, tweets or carrier pigeons. that pretty much answers that question. no. generally what happens with this kind of high stakes negotiating is you have the public bluster and posturing...
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let's bring in senior congressional correspondent miss dana bash. dana? republicans say president obama's opening offer is, you know, all take and no give here. do they feel like the president is wasting their time? >> reporter: yes. they do. and, you know, a lot of times when we see this kind of toing and froing in public, don, it masks what is really going on behind the scenes, which is real negotiating. so i asked that question of john boehner, who has been through this kind of negotiating many, many times over many years, if that's what we're seeing or if we're at a stalemate. listen to this . the past 24 hours, is this the necessary public posturing that needs to go on to get an endgame or is there serious stalemate right now? >> there is a stalemate. let's not kid ourselves. i'm not trying to make this more difficult, but if you watched me over the last three weeks, i've been very girded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. but when i come ou
let's bring in senior congressional correspondent miss dana bash. dana? republicans say president obama's opening offer is, you know, all take and no give here. do they feel like the president is wasting their time? >> reporter: yes. they do. and, you know, a lot of times when we see this kind of toing and froing in public, don, it masks what is really going on behind the scenes, which is real negotiating. so i asked that question of john boehner, who has been through this kind of...
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ied explosion continues treatment at the walter reed army medical center where he married his wife dana last year. they are planning to return to michigan to take their first steps as husband and wife. >> we both definitely want to move back here. so it will be nice and close to family. >> little do they know what wallwrath and kid rock have in store for their family. >> first of all, welcome home. >> thank you. >> thank you for your service. you have a brand new home coming right across the street. fully furnished top to bottom. >> thank you for your service. god bless.
ied explosion continues treatment at the walter reed army medical center where he married his wife dana last year. they are planning to return to michigan to take their first steps as husband and wife. >> we both definitely want to move back here. so it will be nice and close to family. >> little do they know what wallwrath and kid rock have in store for their family. >> first of all, welcome home. >> thank you. >> thank you for your service. you have a brand new...
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we're getting this counterproposal, if you will, from republicans and as dana points out, initially it was an idea from a democrat, from erskine bowles who recently met with the president. so we now have the plan from the white house. we now have the counterplan from the republicans and perhaps in a matter of days they'll continue to meet in the middle. the really big sticking point when it comes to your tax and my taxes is the republicans want to extend the bush era tax cuts to everyone. not just the middle class, but the top 2%. let's go reaction on this and keep the conversation going as we are, again, 29 days away from all of this hitting each and every one of us. the president, he's been getting advice, counsel from some of the country's ceos in this whole battle over the fiscal cliff. and alan mu llally is among the leaders here, the president and ceo of ford. so welcome, mr. mulally, nice to have you on. i promise we'll talk about the new lincoln, the lincoln 2.0 in a second. i don't know if you could hear our correspondent on little, we now have this sort of counterproposal fro
we're getting this counterproposal, if you will, from republicans and as dana points out, initially it was an idea from a democrat, from erskine bowles who recently met with the president. so we now have the plan from the white house. we now have the counterplan from the republicans and perhaps in a matter of days they'll continue to meet in the middle. the really big sticking point when it comes to your tax and my taxes is the republicans want to extend the bush era tax cuts to everyone. not...
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cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal policy. that's by far his number one issue. i can tell you he's also really angered republican leaders over the past two election cycles by raising millions of dollars, a lot of money, for republican candidates who "establishment" thought were less able to win the general election. he is a purist. he's an anti-tax, anti-government purist. it does seem that he's kind of had it here. he wouldn't be the only one to say that they don't feel they can get enough done from the inside and it's probably better to go to the house. we'll try to get more information on why he's making this decision. not just
cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal...
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i want to bring in dana bash. we saw speaker boehner there essentially saying that this is not a serious plan from the president. does he really believe that? >> yes, he really does believe that. you know, that was basically what my question was to him, suzanne, because when i asked him the fact that, you know, a lot of times what we have in this kind of situation is public posturing so that each leader in the negotiations can signal to their base that they're at least trying before they actually come to the table privately and figure out a deal. i asked if that's what was going on here, or if we're in a serious stalemate, and the answer was without taking a breath serious stalemate. he said let's not kid ourselves. the proposal as you said that they got from the white house that you just laid out, they do not take seriously for a number of reasons. first and foremost, it is the thing that they clash the most on. philosophically, which is whether or not to extend tax cuts for the wealthiest americans. the presiden
i want to bring in dana bash. we saw speaker boehner there essentially saying that this is not a serious plan from the president. does he really believe that? >> yes, he really does believe that. you know, that was basically what my question was to him, suzanne, because when i asked him the fact that, you know, a lot of times what we have in this kind of situation is public posturing so that each leader in the negotiations can signal to their base that they're at least trying before they...
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dana bash on the hill. a standoff here, republicans essentially saying, look, the president is not being reasonable here, and then you have the white house saying this is magic beans and fairy dust. is this a lot of posturing here? are we really at an impasse? >> yes to both of those questions. there is a lot of post urg, but we do seem to be at an impasse. i want to show our viewers some video that will illustrate just what we're talking about. that is pictures of members of the house of representatives leaving for the week, and now, i don't want tower viewers to get concerned. the calendars on the desk tops are not wrong. it is still wednesday. this did happen at noon on wednesday. it would be nice if all of us could do that, but -- >> yeah, really. >> this is not an accident. republican leaders say that they just simply have nothing to vote on right now on the floor of the house, and, you know, it helps them illustrate the whole message that they're sending out, which is that the ball is in the president
dana bash on the hill. a standoff here, republicans essentially saying, look, the president is not being reasonable here, and then you have the white house saying this is magic beans and fairy dust. is this a lot of posturing here? are we really at an impasse? >> yes to both of those questions. there is a lot of post urg, but we do seem to be at an impasse. i want to show our viewers some video that will illustrate just what we're talking about. that is pictures of members of the house of...
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dana, thank you so much. we appreciate your being here today. >> thank you. >>> demonstrators are out on the streets of egypt. we'll tell you what they're protesting about this time. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. bp has paid
dana, thank you so much. we appreciate your being here today. >> thank you. >>> demonstrators are out on the streets of egypt. we'll tell you what they're protesting about this time. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male...
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let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house speaker ended the week with a progress report. none. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone only once all week and it didn't produce much. >> just more of the same. it is time for the president if he's serious to come back with a counteroffer. >> reporter: what may have been most notable was what boehner did not say. he did not repeat his demand to keep tax cuts for the wealthy in place, the biggest issue that divides them. instead, when asked, he said this. >> there
let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house...